US P&C industry suffers $26.5B underwriting loss in 2022
The industry took significant hits from personal lines losses and the impact of Hurricane Ian, as combined ratio deteriorated from
Read moreThe industry took significant hits from personal lines losses and the impact of Hurricane Ian, as combined ratio deteriorated from
Read moreAs AM Best noted, the number of upgrades for P/C insurers declined from 54 in 2021 to 36 in 2022,
Read moreWhether these bonds will become impaired is yet to be seen, AM Best said. The ramifications for equity portfolios could
Read moreSmall and medium-sized natural catastrophes have produced high levels of loss and volatility. These, coupled with rising inflation and persisting
Read morePrivate flood insurance accounts for more than 40% of California’s entire flood market – a significantly higher share than in
Read moreAccording to the list, UnitedHealth came out on top for the eighth straight year by managing to grow its net
Read moreThe rating agency’s latest Best’s Market Segment Report, titled “Market Segment Outlook” U.S. Commercial Insurance,” said the pandemic’s impact on
Read moreA new special report from AM Best has found that the US P&C industry recorded a $24.3 billion
Read moreUS insurers have minimal investment exposure to the insurance-linked securities (ILS) and catastrophe bond market, despite the fact
Read moreAM Best has revised its market segment outlook on the US personal automobile insurance market from stable to
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